214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Munish Forge IPO (Munish Forge Limited IPO) Detail

Munish Forge Limited is an Automobile - Forging And Casting based company, located in Ludhiana, Munish Forge Limited IPO size was 73.92 Cr. and was issued at 96.00 per share. The share of Munish Forge Limited were listed at 105.00 per share and are currently trading at 110.25 per share.

Type :
Sub Sector : Manufacturing Premium Forged And Cast Components
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
175.44 Cr.

PAT :
14.29 Cr.

Pricing Report

Issue Price :
96.00

Listing Price :
105.00

Current Market Price :
110.25

Issue Price vs CMP :
14.25 (14.84%)

listing Price vs CMP :
5.25 (5.00%)

Performance Report (CAGR* wise)

CAGR : 8.6933719519284E+23
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Munish Forge

Company Information
Munish Forge Limited, envisioned by their founder Mr. Davinder Bhasin is a manufacturer in the forging and casting industry, specializing in manufacturing premium forged and cast components. With the vision, they have established ourselves as a trusted name in producing forged components that cater to a wide range of industries. They have continuously evolved, combining innovation with a commitment to excellence, ensuring that they deliver engineered solutions that meet the ever-growing demands of their customers across the globe. They manufacture components like Flange, Scaffolding, Auto parts, Tank tracks chains, Bomb shells, Fence post and steel accessories as per customer specifications and International Standard catering to the requirements of Indian Army and various industries such as Defence, Oil and Gas, Automobile, Construction and Infrastructure.
Object of Issue
  • [{"particulars":"Capital expenditure towards Civil construction and Capital expenditure towards purchase of additional machinery","amount":"7.18"},{"particulars":"Repayment\/Pre-payment of Certain Debt Facilities","amount":"9.70"},{"particulars":"Working Capital Requirements","amount":"30.00"},{"particulars":"General Corporate Purposes","amount":"0.00"}]

Munish Forge SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2025
IPO Size :
73.92 Cr.
Market Cap :
231.07 Cr.   
IPO Subscription :
3.53 X     
PE Multiple :
16.45
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Munish Forge operates in Automobile - Forging And Casting and Manufacturing Premium Forged And Cast Components. The Issue is listed on NSE EMERGE in Oct, 2025. Munish Forge IPO size was 73.92 Cr. with Issue price of 96.00 .

Munish Forge IPO subscription was 3.53 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Munish Forge IPO listed at a listing price of 105.00 against the offer price of 96.00.

The current market price of Munish Forge is 110.25.

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